Rubios files for bankruptcy

[Blaster]

Another casualty of the Biden economy. It's a darn shame that so many fine restaurants are being forced to close.

Rubio’s files for bankruptcy days after closing 48 restaurants in California

The San Diego-based fish taco chain says its goal is to sell the business.

www.dailynews.com

 

[JoeB131]

Another casualty of the Biden economy. It's a darn shame that so many fine restaurants are being forced to close.

Rubio’s files for bankruptcy days after closing 48 restaurants in California

The San Diego-based fish taco chain says its goal is to sell the business.

www.dailynews.com

So Biden was responsible for them declining from 400 stores to 170 before he took office.

Oh, my God, Biden is a Time Lord!!!

Rubio's files for bankruptcy again

The fast-casual chain blamed rising costs and the fast-food wage in California as it filed its second Chapter 11 in four years. It plans to

www.restaurantbusinessonline.com

Rubio’s Coastal Grill, the long-struggling fast-casual chain that just closed a third of its restaurants, on Wednesday declared bankruptcy for the second time in four years, saying the operating environment has grown too difficult, particularly in California.

The fast-casual taco chain said it plans to use Chapter 11 bankruptcy to oversee a sale process.

Rubio’s said it had estimated assets of $10 million to $50 million, and estimated liabilities of between $100 million and $500 million.

But Rubio’s had been closing restaurants this year and last year and sales have been in decline since 2017. Rubio’s filed for bankruptcy in 2020 in the aftermath of the pandemic.

 

[Blaster]

So many restaurants in California are closing.

 

[JoeB131]

So many restaurants in California are closing.

They close all the time, mostly because the owners really don't know what they are doing.

There's a little town in N. Wisconsin I go to every summer, and every summer it's a guessing game of what restaurants have closed and which ones have reopened under new names. This town only has 700 full time residents and maybe twice that at peak tourist season.

 

[HikerGuy83]

Nobody cares about the "the facts".

This will just look good in an anti Biden add. And it's only going to be better as his cadre of head-up-the-ass economists try to tell people they really doing great and all that additional credit card debt somehow does not matter.

Maybe Biden plans to forgive that too.

 

[Harpy Eagle]

Another casualty of the Biden economy. It's a darn shame that so many fine restaurants are being forced to close.

Rubio’s files for bankruptcy days after closing 48 restaurants in California

The San Diego-based fish taco chain says its goal is to sell the business.

www.dailynews.com

maybe their food being shit had something to do with it?